Finance news

◇ unclassifiedgermany · europe · china

Energy: China's oil imports reach ten-year low: record reserves are being tapped

To compensate for the lack of deliveries from Iran, China is relying on its own reserves. This was made possible by extensive purchases of cheap oil from Russia and Iran at the beginning of the year.

◇ unclassifiedgermany · europe · china

Iran war: China's oil imports at a ten-year low - record reserves are being tapped

In view of falling oil imports, China is increasingly relying on its reserves. The Iran war and the closure of the Strait of Hormuz are putting a strain on the country's supplies.

◇ unclassifiedmiddle-east · usa

JP Morgan Sees Increasing Monthly Oil Demand Losses

'Globally, we track demand losses of 2.8 million barrels per day in March, 4.3 million barrels per day in April, and 5.6 million barrels per day in May', J.P. Morgan analysts said.

◇ unclassifiedchina · asia · europe

Prabowo’s overseas visits spark debate in Indonesia over benefits for citizens

Indonesia’s deepening ties with France have given President Prabowo Subianto a chance to advance Jakarta’s defence modernisation, strengthen relations with Europe and expand its international footprint. But analysts say the Paris visit has also fuelled a debate at home on whether deals and diplomatic goodwill arising from Prabowo’s frequent foreign trips can translate into benefits for ordinary Indonesians. Prabowo, who has visited France four times as president, met his French counterpart...

42d06/02⚠ war-conflict · 1/5

Inflation, Part I: What it actually is - And what the ongoing discussion about it mostly overlooks[1] - Relevant economics

Oil prices are rising and inflation is on every front page. Central banks hesitate and someone always warns of the worst. Governments are spending money and the warnings are increasing. Then the cycle subsides. The same basic questions remain unanswered as before. What inflation actually is. Why they exist. Why central banks are so often wrong. And why we don’t want zero inflation. Part 2: https://relevante-oekonomik.com/2026/04/08/inflation-teil-ii-der-f

Social◇ unclassifiedgermany · europe

Social◇ unclassifiedgermany · usa · europe

An overview of the admission rules (fast track) of the respective index providers for the upcoming mega IPOs

SpaceX, the first of 3 major mega IPOs this year, will soon take place. OpenAI and Anthropic will follow later. The topic of mega IPOs is particularly controversial with regard to their inclusion in the major indices. Most providers have adapted their rules to be able to accommodate these companies as quickly as possible. This is justified by the fact that these companies already represent significant parts of the overall market immediately after their IPO and are therefore represented in the index

Oil Pulls Back as Trump Claims Lebanon Ceasefire Deal Is Within Reach

The oil price rally lost steam after President Donald Trump’s diplomatic efforts to de-escalate tensions in Lebanon calmed commodity markets, pushing global oil prices lower and allowing crude to ease from earlier multi-week highs. Brent crude for August delivery was down 1.7% to trade at $93.35 per barrel at 4.45 am ET, while WTI crude for July delivery was down by a similar margin to change hands at $90.65/bbl. Trump took to Truth Social to claim talks are advancing rapidly and that both Israe

◇ unclassifiedmiddle-east · usa

Rosneft Sees Increase in Profit on Higher Oil Prices

Despite Rosneft's stronger showing in the first three months of 2026, CEO Igor Sechin said the company may book impairments due to 'significant operational risks' including infrastructure attacks.

Wealth: Am I already rich or not? This calculator gives you the answer

Despite inflation, current data shows that assets in Germany have grown. The Handelsblatt calculator shows you where you stand in comparison to the German population.

Denmark: Frederiksen announces agreement on new minority government

The Social Democratic Prime Minister announced on Monday that she would form a center-left coalition government. The agreement ends months of uncertainty following the general election in March, which saw 12 parties enter parliament.

◇ unclassifiedmiddle-east · usa · iran

Analyst Flags Conflicting USA-Iran War Statements

'We hear and read conflicting statements and headlines around the clock regarding negotiations between the United States and Iran to end this war', Samer Hasn, a Senior Market Analyst at XS.com, said.

◇ unclassifiedgermany · europe · iran

Finance: Iran war pushes inflation in the euro area to 3.2 percent

The oil price shock with the Iran war is driving up consumer prices in the currency area. This increases the pressure on the ECB to react to its interest rate decision next week.

Labor market: Employed people are working longer despite declining employment

Fewer employees in Germany, but longer working hours per capita ensure a stable work volume. Part-time workers work longer and sick leave is decreasing.

$90 Oil Could Lift India’s Inflation to 4.8% and Slow GDP Growth

India’s inflation is set to accelerate to 4.8% in the fiscal year 2027, if oil prices average $90 per barrel through March next year, Indian wealth and asset manager 360 ONE Capital said in a report on Tuesday. “Our revised base case assumes de-escalation by mid-June, with crude oil averaging $90/bbl in FY27,” the asset manager said, as carried by Indian media. Under this scenario, consumer prices are set to rise to 4.8% while GDP growth would moderate to 6.3% from 6.7% previously expected, acco

East German Economic Forum: Merz appeals to the population's willingness to implement reforms

The government wants to launch a major reform package by the summer break. There is likely to be a lot of resistance. The Chancellor wants to get everyone on board.

China’s LNG Imports Recover Ahead of Peak Cooling Season

China imported 4.9 million tons of liquefied natural gas last month, a slight increase on an annual basis, Bloomberg reported today, citing shipping data. The rebound comes ahead of a likely jump in electricity demand over the summer as air-conditioning demand rises. The May figure is also a reversal of import trends from the previous few months, which booked a series of declines amid crimped supply from the Middle East that led to significantly higher prices, dampening importers’ appetite and g

◇ unclassifiedgermany · europe · usa

Markets: Stock exchanges close slightly tighter – Iran still in sight

The Dax starts Tuesday stronger. Falling oil prices and hopes for talks between the USA and Iran are supporting the mood.

◇ unclassifiedgermany · europe · usa

Trade: USA threatens Brazil with new punitive tariffs of 25 percent

The USA is intensifying the trade dispute with Brazil. Punitive tariffs of 25 percent are to be levied on numerous imports in the future.

Strike Action at Major Australian LNG Facility Raises Supply Concerns

Union workers at the Ichthys LNG project in Australia have started limited industrial action at the facility, threatening broader work suspension unless the wage dispute with employers is resolved soon. The Offshore Alliance, a coalition of two trade unions, last month notified Japan’s Inpex that a strike may be imminent at the company’s Ichthys LNG project. “We have made it clear to Inpex that we aren’t going to cop the short-changing of our bargaining claims simply because Inpex could not be b

Social◇ unclassifiedsocial-signal

The Eighty Billion Dollar Perspective Dilemma: 2026 Edition

When it comes to inflation, you might be able to do the new math, but I say that's a danger because you can't change your financial thinking or your emotional money ideas fast enough or thoroughly enough. I remember movie tickets for 12 cents and gas at 23 cents a gallon, but so what? Is Google's $80 billion stock sale trivial or vital? Remember that Google’s original initial public offering (IPO) on August 19, 2004, raised a total of $1.67 billion in capital, giving the company an initial marke

43d06/02⚠ coups-regime · 2/5

Hong Kong parents who refuse DNA test for child’s birth registration arrested

Hong Kong authorities have arrested the parents of a baby without legal identity after they continued to refuse a DNA test for the infant’s birth registration on privacy grounds. The arrest on Tuesday followed an intervention by the city’s welfare minister, who said authorities had received an email reply from the couple only on Monday evening after five days of unsuccessful attempts to contact them. Secretary for Security Chris Tang Pin-keung revealed on Tuesday afternoon that police had...

◇ unclassifiedchina · asia · usa

43d06/02⚠ war-conflict · 1/5

Why Reddit (RDDT) is my current pick for the satellite portfolio.

I'm currently buying Reddit stocks and would like to briefly share my most important investment theses with you. Reddit has impressively proven in recent years that it is not just a forum for meme stocks, but a real money printing machine. The last quarterly sales alone ($663 million, +69% YoY) and free cash flow of $311 million speak for themselves. The gross margin of 91.5% is absurdly high and results from a simple and ingenious setup: The users generate the niche-specific

Social◇ unclassifiedgermany · europe

◇ unclassifiedchina · asia · usa

‘Mud Buddha’: China official covered in sludge during mudslide while helping villagers evacuate

A valiant official in China has been dubbed “Mud Buddha” after a photograph emerged of him covered in sludge while he was averting disaster by evacuating residents before a catastrophic landslide. From the evening of May 17 to the early morning of May 18, a downpour hit Shanghongyan Village in Maguan county, southwestern Yunnan province. At its height, the level of precipitation reached 256mm, the People’s Daily reported. Tian Ruliang, the village director, left home three times after 10pm on...

◇ unclassifiedchina · asia

Hong Kong to relaunch direct flights to Kazakhstan’s Almaty in first quarter of 2027

Hong Kong will relaunch direct flights with Almaty in Kazakhstan in the first quarter of next year, the city’s leader has announced in a breakthrough which businesses have said will be essential for easing travel and strengthening ties with Central Asia. Chief Executive John Lee Ka-chiu, who is leading a high-powered delegation to the region, also said on Tuesday that the city would start deliberations with Kazakhstani authorities to reach a Comprehensive Avoidance of Double Taxation Agreement..

43d06/02⚠ war-conflict · 2/5

Why Japan’s intolerance towards Muslims is rapidly deepening

Discrimination towards foreign residents in Japan has expanded from Koreans and Kurds to Muslims as their population is estimated to have nearly doubled in recent years, according to observers and community members. Misinformation and hate speech are spreading on Japanese social media and mosques are receiving a barrage of abusive phone calls and emails. Some are asking why they are suddenly being targeted. Others are afraid to leave their homes. Muslims in Japan, including foreign residents and

◇ unclassifiedchina · asia · japan

43d06/02⚠ war-conflict · 3/5

Goldman Sachs Sees Strong Refining Profits Through 2026 Amid Fuel Supply Crunch

Tighter petroleum product supply resulting from the Strait of Hormuz crisis will keep refining margins significantly higher throughout 2026, Goldman Sachs has forecast, with diesel margins especially elevated, Reuters reported. The war in the Middle East has pushed refiners’ margins two to three times higher than the average for the period from 2013 to 2019, the investment bank’s commodity analysts said in a note this week. Diesel margins specifically are seen at between $19 and $26 per barrel h